Date: a month ago   Category: Markets

The authorities reacted to a warning of increase in prices for gasoline


The Deputy Prime Minister Dmitry Kozak supervising questions of the market of fuel in Russia reacted to appeals of the Russian Fuel Union (RFU) and Independent Fuel Union (IFU) about possible risks of increase in prices for gasoline. According to the official, there are no prerequisites for increase in prices yet, RIA Novosti reports. "Anyone has such right to address whether there are to it bases, it yes. We monitor a situation in the market, exchange prices, as expected, a little bit rose because also the world prices for motor fuel rose a little. But today it is premature alarm" — Kozak in response to a request said to comment on the appeal of the fuel unions. Materials on teme00:05 — on May 20 the Victory буржуевКак the belief in socialism destroys the whole countries and why the pobezhdayetchinovnik insists capitalism that alarm premature, and the operating market conditions provide retail and small wholesale business with profit. At the same time the Deputy Prime Minister sees no reason yet to organize a new meeting at the level of the government with the largest Russian producers of fuel. The head of NTS Pavel Bazhenov wrote earlier the letter to the government in which noted the sharp growth of wholesale prices for gasoline and diesel fuel on St. Petersburg International Commodity Exchange (St. Petersburg International Commodity Exchange). For example, the price of Ai-92 grew by 23 percent, and by Ai-95 — for 18.5 percent. Diesel fuel at the exchange rose in price for 2.5 percent. Bazhenov noticed that the present situation reminds that in which there was Russia a year ago when the first large jump in prices of gasoline was recorded. Then the authorities had to react to it by decrease in an excise on fuel in exchange for fixing of the prices from large producers, however this freezing was enough only till fall when prices of oil began to break local records, and oil industry workers started raising fuel prices over again. Then the authorities had to agree with oil industry workers again and to enter protectionist measures which had to stimulate sales of fuel in domestic market. What occurs in Russia and in the world? We explain on our YouTube channel. Subscribe!

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